Earnings release
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For personal use only 22 July 2021 zip Q4 FY21 RESULTS UPDATE RECORD RESULTS BUILDING ON GLOBAL MOMENTUM Zip Co Limited ( ASX : Z1P ) ( " Zip " , or the " Company " ) is pleased to announce today its Q4 results for the period ending 30 June 2021 . KEY HIGHLIGHTS ( Q4 FY21 ) ¹ * Note : all figures in AUD unless otherwise specified . • • Record group quarterly revenue of $ 129.9m ( up 104 % YoY ) . • Record monthly revenue in June , annualising at $ 537.2m . • Record quarterly transaction volume of $ 1.8b ( up 116 % YoY ) . Record transaction numbers for the quarter of 14.2m ( up 230 % YoY ) . • Customer numbers increased to 7.3m ( up 87 % YoY ) . • Merchants on the platform increased to 51.3k ( up 84 % YoY ) . • Zip continued to execute on its global strategy , agreeing to acquire the remaining shares in both Twisto Payments ( Europe ) and Spotii Holdings Ltd ( Middle East ) . The quarter also saw Zip launch organically into Canada and Mexico . • Completed an extension and increase to the Goldman Sachs debt facility in the US , now US $ 300m ( with the option to increase to US $ 400 , supporting $ 5b + in TTV ) , whilst also securing a material improvement to the facility's weighted average cost of capital . Strong growth in app downloads continued globally with over 1.5m downloads for Zip US ( Quadpay ) ( now 5.8m in total ) and 241k downloads for Zip ANZ ( now 2.8m in total ) . • • Maintained market leading BNPL margins with revenue as a % of TTV at 7.2 % , while capital efficiency remains extremely healthy with the book recycling every 3 months on a blended basis . • Raised $ 400 million through the issuance of zero coupon senior convertible notes . Unaudited management accounts . All financial figures are translated into AUD using the average quarterly foreign exchange rates for the respective quarter . Comparatives which include entities not acquired in comparative periods are reported on a pro - forma basis .